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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$2.47

$342 M

3.38%

$0.08

1.25%

Vitals

YTD Return

0.1%

1 yr return

9.2%

3 Yr Avg Return

-2.4%

5 Yr Avg Return

0.0%

Net Assets

$342 M

Holdings in Top 10

24.4%

52 WEEK LOW AND HIGH

$2.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.25%

SALES FEES

Front Load 3.75%

Deferred Load N/A

TRADING FEES

Turnover 52.63%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$2.47

$342 M

3.38%

$0.08

1.25%

TINCX - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return -2.4%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.89%
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Templeton Global Balanced Fund
  • Fund Family Name
    Franklin Templeton Group of Funds
  • Inception Date
    Sep 02, 2005
  • Shares Outstanding
    55705564
  • Share Class
    A1
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Hasenstab

Fund Description

Under normal market conditions, the Fund invests in a diversified portfolio of debt and equity securities worldwide. The Fund normally invests at least 25% of its assets in fixed income securities and at least 25% of its assets in equity securities. The Fund seeks income by investing in a combination of corporate, agency and government bonds and other debt securities (including inflation-indexed securities) of any maturity issued in numerous countries, including developing markets countries, as well as stocks that offer or could offer attractive dividend yields. The Fund may invest in high-yield bonds. These bonds are rated below investment grade and are sometimes referred to as “junk bonds.” The Fund seeks capital appreciation by investing in equity securities of companies from a variety of industries located anywhere in the world, including developing markets, but from time to time, based on economic conditions, the Fund may have significant investments in particular sectors. The equity securities in which the Fund invests are primarily common stock. The Fund’s investment manager searches for

undervalued or out-of-favor debt and equity securities and equity securities that offer or may offer current income.

In addition, under normal market conditions, at least 40% of the Fund's net assets are invested in non-U.S. investments and in at least three different countries.

The Fund regularly uses various currency related transactions involving derivative instruments, principally currency and cross currency forwards, but may also use currency and currency index futures contracts and currency options. The Fund maintains significant positions in currency related derivative instruments as a hedging technique or to implement a currency investment strategy, which could expose a large amount of the Fund's assets to obligations under these instruments. The use of these derivative transactions may allow the Fund to obtain net long or net negative (short) exposure to selected currencies. The results of such transactions may represent, from time to time, a large component of the Fund’s investment returns. The Fund may also enter into various other transactions involving derivatives from time to time, including interest rate and bond futures contracts (including those on government securities) and swap agreements (which may include interest rate and credit default swaps). The use of these derivative transactions may allow the Fund to obtain net long or net short exposures to selected currencies, interest rates, countries, durations or credit risks, and may be used for hedging or investment purposes.

When choosing fixed income investments for the Fund, the investment manager performs an independent analysis of the securities being considered for the Fund’s portfolio, rather than relying principally on their ratings assigned by rating agencies. In its analysis of corporate debt securities, the investment manager considers a variety of factors, including the experience and managerial strength of the company; responsiveness to changes in interest rates and business conditions; debt maturity schedules and borrowing requirements; the company’s changing financial condition and market recognition of the change; and a security’s relative value based on such factors as anticipated cash flow, interest or dividend coverage, asset coverage, and earnings prospects. With respect to sovereign debt securities, the investment manager considers market, political and economic conditions and evaluates interest and currency exchange rate changes and credit risks.

When choosing equity investments for the Fund, the investment manager applies a fundamental research, value-oriented, long-term approach, focusing on the market price of a company’s securities relative to the investment manager’s evaluation of the company’s long-term earnings, asset value and cash flow potential. The investment manager also considers a company’s profit and loss outlook, balance

sheet strength, cash flow trends and asset value in relation to the current price of the company's securities.

The investment manager uses various valuation tools to allocate assets between global equity and global fixed income investments. The investment manager also analyzes global economic trends to identify global macro trends (for example, regions with strong economic growth), and evaluates market inefficiencies to identify investment opportunities stemming from market mispricings.

The investment manager may consider selling a security when it believes the security has become fully valued due to either its price appreciation or changes in the issuer's fundamentals, or when the investment manager believes another security is a more attractive investment opportunity.

The Fund may also use a variety of equity-related derivatives, which may include equity futures and equity index futures, for various purposes including enhancing Fund returns, increasing liquidity and gaining exposure to particular markets in more efficient or less expensive ways.

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TINCX - Performance

Return Ranking - Trailing

Period TINCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -23.7% 16.4% 48.50%
1 Yr 9.2% -8.9% 48.3% 98.07%
3 Yr -2.4%* -2.2% 16.4% 98.22%
5 Yr 0.0%* -0.7% 13.4% 99.07%
10 Yr 0.7%* 0.9% 11.8% 89.42%

* Annualized

Return Ranking - Calendar

Period TINCX Return Category Return Low Category Return High Rank in Category (%)
2023 9.7% -40.8% 20.6% 85.14%
2022 -16.8% -21.0% 24.5% 74.72%
2021 -3.5% -24.2% 27.8% 96.03%
2020 -0.7% -23.1% 11.7% 69.90%
2019 2.9% -100.0% 20.6% 55.31%

Total Return Ranking - Trailing

Period TINCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -23.7% 16.4% 47.42%
1 Yr 9.2% -12.8% 48.3% 99.58%
3 Yr -2.4%* -3.4% 16.4% 98.91%
5 Yr 0.0%* -1.1% 13.4% 99.77%
10 Yr 0.7%* 0.9% 11.8% 91.44%

* Annualized

Total Return Ranking - Calendar

Period TINCX Return Category Return Low Category Return High Rank in Category (%)
2023 13.8% -40.8% 20.6% 85.14%
2022 -14.2% -21.0% 24.5% 74.72%
2021 -1.5% -24.2% 27.8% 96.03%
2020 1.5% -23.1% 11.7% 79.40%
2019 7.3% -2.9% 23.1% 80.11%

NAV & Total Return History


TINCX - Holdings

Concentration Analysis

TINCX Category Low Category High TINCX % Rank
Net Assets 342 M 1.12 M 110 B 46.22%
Number of Holdings 177 2 10961 61.80%
Net Assets in Top 10 87.8 M -31.7 M 22 B 45.30%
Weighting of Top 10 24.42% 10.8% 100.0% 44.79%

Top 10 Holdings

  1. Queensland Treasury Corp. 3.73%
  2. Indonesia Government Bond, Series FR96 3.15%
  3. Korea Treasury Bonds 3.09%
  4. Fidelity National Information Services, Inc. 2.62%
  5. India Government Bond 2.22%
  6. Malaysia Government Bond 2.10%
  7. Brazil Notas do Tesouro Nacional 2.05%
  8. India Government Bond 1.93%
  9. Target Corp. 1.78%
  10. Samsung Electronics Co. Ltd. 1.76%

Asset Allocation

Weighting Return Low Return High TINCX % Rank
Stocks
49.54% -45.72% 98.42% 87.47%
Bonds
44.78% -39.76% 93.84% 40.29%
Cash
4.99% -97.12% 185.58% 3.97%
Other
0.69% -1.25% 197.12% 69.73%
Preferred Stocks
0.00% -0.03% 14.00% 93.74%
Convertible Bonds
0.00% 0.00% 25.49% 95.20%

Stock Sector Breakdown

Weighting Return Low Return High TINCX % Rank
Consumer Cyclical
15.84% 0.00% 20.84% 4.03%
Financial Services
15.37% 0.00% 30.34% 38.00%
Technology
14.72% 0.00% 39.48% 52.65%
Communication Services
14.67% 0.00% 28.59% 2.97%
Industrials
12.67% 0.09% 32.39% 22.72%
Healthcare
10.75% 0.00% 30.30% 61.78%
Consumer Defense
6.46% 0.00% 31.85% 52.23%
Basic Materials
5.21% 0.00% 60.23% 53.72%
Energy
4.31% 0.00% 38.61% 63.69%
Utilities
0.00% 0.00% 40.29% 99.58%
Real Estate
0.00% 0.00% 90.14% 99.15%

Stock Geographic Breakdown

Weighting Return Low Return High TINCX % Rank
Non US
27.47% -46.69% 57.06% 79.75%
US
22.07% -4.82% 95.75% 81.63%

Bond Sector Breakdown

Weighting Return Low Return High TINCX % Rank
Government
66.26% 0.00% 98.64% 20.67%
Cash & Equivalents
1.25% 0.10% 100.00% 17.54%
Derivative
0.69% 0.00% 41.88% 91.23%
Securitized
0.00% 0.00% 83.28% 92.90%
Corporate
0.00% 0.00% 99.90% 98.33%
Municipal
0.00% 0.00% 31.28% 88.94%

Bond Geographic Breakdown

Weighting Return Low Return High TINCX % Rank
Non US
36.54% -39.00% 137.36% 5.22%
US
8.25% -177.12% 87.76% 98.33%

TINCX - Expenses

Operational Fees

TINCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.25% 0.16% 2.71% 36.74%
Management Fee 0.73% 0.00% 1.70% 82.01%
12b-1 Fee 0.25% 0.00% 1.00% 49.40%
Administrative Fee 0.15% 0.01% 0.70% 80.00%

Sales Fees

TINCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.00% 5.75% 74.71%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TINCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TINCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.63% 0.00% 441.00% 42.82%

TINCX - Distributions

Dividend Yield Analysis

TINCX Category Low Category High TINCX % Rank
Dividend Yield 3.38% 0.00% 10.92% 88.36%

Dividend Distribution Analysis

TINCX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Monthly

Net Income Ratio Analysis

TINCX Category Low Category High TINCX % Rank
Net Income Ratio 1.89% -5.20% 6.33% 36.38%

Capital Gain Distribution Analysis

TINCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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TINCX - Fund Manager Analysis

Managers

Michael Hasenstab


Start Date

Tenure

Tenure Rank

Jul 01, 2005

16.93

16.9%

Michael Hasenstab, Ph.D., has been a lead portfolio manager of Franklin Templeton which he first joined in 1995, rejoining again in 2001 after a three-year leave to obtain his Ph.D.. He was EVP and CIO for Templeton Global Macro, responsible for global macroeconomic and country-specific analysis, and interest rate, currency and sovereign credit market outlooks. He is an economic advisor to the CEO of Franklin Resources, Inc., providing perspective and insight through the lens of Templeton Global Macro.Dr. Hasenstab holds a Ph.D. in economics at Australian National University.

Warren Pustam


Start Date

Tenure

Tenure Rank

Jul 24, 2019

2.85

2.9%

Mr. Pustam joined Franklin Templeton in 2013.

Herbert J Arnett Jr.


Start Date

Tenure

Tenure Rank

Jan 01, 2020

2.41

2.4%

Herbert Arnett, SVP is Portfolio Manager and Research Analyst for the Templeton Global Equity Group. Mr. Arnett is a manager for Templeton Growth Fund Inc. and Templeton World Fund. He has global research responsibilities for large-cap and small-cap Media, Internet Software and Services, as well US Telecoms. Mr. Arnett holds a B.A. in finance and an M.B.A. from the University of Miami.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25